Economic Committees: Private Sector Falling Like DominoesSource: www.export-egypt.com 9/24/2019, Location: Middle East |
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The Economic Committees warned of the deterioration of the economic sectors in Lebanon, on top of which the private sector which "is falling like dominoes."
"This is a deep and dangerous crisis which Lebanon has never witnessed," the Committees said in a statement issued following their meeting under the chairmanship of Telecom Minister Mohammad Shoucair, at the Beirut Commerce Chamber. "The private sector, which constitutes 3/4 the Lebanese society, is now falling like dominoes," they warned. "Real economy and productive sectors are agonizing," they added, highlighting the necessity to restructure the public sector and cut its expenses. |
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